Question

A certain sum of money amounts to Rs. 62,000 in two years and Rs. 76,200 in 4 years. Find the sum invested initially.

A Rs. 47,800 Correct Answer Incorrect Answer
B Rs.48,000 Correct Answer Incorrect Answer
C Rs.49,000 Correct Answer Incorrect Answer
D Rs.50,000 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

S.I for 2 yrs. = 76,200 – 62,000 = Rs. 14,200 ∴ Sum invested = 62,000- 14,200 = Rs. 47,800

×